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EU maintains flexibility in using EUR 50B worth of aid for Ukraine – von der Leyen
The Eurean Union considers a EUR 50 billion aid package for Ukraine that was approved today as a flexible to that can be used at the best time and in the most apprriate prortions in Ukraine's interests.
Eurean Commission President Ursula von der Leyen said this at a press conference in Brussels on Thursday flowing the special meeting of the Eurean Council, according to an Ukrinform correspondent.
"The EUR 50 billion package is not evenly distributed over four years, but we have the flexibility within this package to distribute the money as it is needed and best allocated. No decision has been taken in detail so far, but […] it's a flexible budget," von der Leyen said.
Read also: All 27 EU leaders agree on EUR 50B aid package for Ukraine
She added that today's decision by the Eurean Council could also play a positive re in terms of the U.S. Congress deciding on financial support for Ukraine.
On February 1, the heads of state and government of all 27 EU countries decided to create a EUR 50 billion fund for Ukraine within the bloc's multi-annual budget. The funds will be used for immediate financial support for Ukraine and its recovery and reconstruction in the next four years.
Source: ukrinform.net
